KYIV, Aug 16 - The National Bank of Ukraine (NBU) has introduced requirements to ensure resilience of the banks following their stress testing as part of the annual resilience assessment in 2018, according to a report on the central bank's website.

"First, in the event of capital shortage according to findings of the annual resilience assessment of the banks including the results of the stress testing under the baseline scenario, the banks are required to develop a recapitalization program. This program is expected to envisage an increase in capital at amount being either greater of two values: the sum estimated based on the results of the first two stages of the resilience assessment (quality assessment of assets and extrapolation of the assessment results) and the forecast amount derived from the results of the third stage of the resilience assessment (stress testing) under the macroeconomic scenario set by the NBU for 2018," the report reads.